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Topic: The *free* MtGox YUBI key might not be free afterall. Idiot me. (Read 3616 times)

hero member
Activity: 910
Merit: 1000
Items flashing here available at btctrinkets.com
I recieved mine a while back and the finnish authorities did not bother charging me.
legendary
Activity: 2128
Merit: 1002
I transferred some money to MtGox and after I had the opertunity to get a free YUBI key for extra security. "Nice", I thought and ordered it.

Weeeeeell. I forgot everything about import tax. I thought the "free" yubi key was sent so it's free to recieve. I should have read the small fine print.

Anywho, I ended up paying 40USD/25GBP/31EURO import tax for this free YUBI key.

Idiot me.

Well I just ordered my free Yubikey. Luckily my country does not have import taxes for electronic goods like this. I'm from Malaysia.
legendary
Activity: 1193
Merit: 1003
9.9.2012: I predict that single digits... <- FAIL
In Norway, the rules are:

Goods with value < NOK 200: No VAT
Goods with value > NOK 200: 25% VAT calculated from (value of goods + freight). You also have to pay a fee to the company collecting the VAT.

Gift with value < NOK 1000: No VAT
Gift with value > NOK 1000: 25% VAT calculated from (value of gift + freight). You also have to pay a fee to the company collecting the VAT.

1 USD = 5.92 NOK
member
Activity: 68
Merit: 10
I called the Danish Postal Service costums department. She thought it was weird that it had not been sent as a gift. If I can prove - and I can - that I didn't pay for it, I can send a mail to Tax department and have them review the case.

Sigh.

I'm gonna do that.
legendary
Activity: 1386
Merit: 1004
Sent with EMS.

From the package:
VALUE: 29.99 USD
COUNTRY OF ORIGINS OF THE GOODS: Sweden

From the Danish postal service import reciept:

Value in foreign coin/Total value: 286 DKK
VAT on imports (25%): 71 DKK
Total tax: 71 DKK
Import fee: 128 DKK
VAT on import fee (25%): 32 DKK

Total: 231 DKK

Sad Stupid tax...

The import fee is from a private company, not sure if it is EMS or someone else. 
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Where the heck do you live that they can charge you $40 tax on a $20 item?

I live in Canada, and ordered a small, $3 laptop fan from a company in the states.  Ended up paying about $40 in import fees.

"Free trade" my ass.
Yeah, "NAFTA" is complete bullshit.

Replace "NAFTA" with "UPS" and I would agree with you
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Sent with EMS.

From the package:
VALUE: 29.99 USD
COUNTRY OF ORIGINS OF THE GOODS: Sweden

From the Danish postal service import reciept:

Value in foreign coin/Total value: 286 DKK
VAT on imports (25%): 71 DKK
Total tax: 71 DKK
Import fee: 128 DKK
VAT on import fee (25%): 32 DKK

Total: 231 DKK

Sad Stupid tax...
Is there math wrong or mine?  29.99 should have equaled 181.4395 DKK
Where did they pull the extra ~105 DKK from?
You reall should ocntact EMS and tell them to fix that.

I don't think it's EMS fault since the Danish import service thingy or whatever they are called has valued the package to 47 USD instead of 29.99.

Imma call 'em.

I would first find out who actually gets the 128 DKK "import fee" before letting EMS of the hook here.
legendary
Activity: 1512
Merit: 1036

I don't think it's EMS fault since the Danish import service thingy or whatever they are called has valued the package to 47 USD instead of 29.99.

Imma call 'em.

gotcha, did they maybe append the shipping cost as reported by EMS to the value?
That appears to be what the duty calculator I posted does too, the shipping cost is added to the value.

$25 = 151.255
$25 + $5 = 181.506

It looks as though 25% VAT should be the only duty applied. I would bring the receipt where you ordered it and paid 0.00 DKK.
member
Activity: 68
Merit: 10

I don't think it's EMS fault since the Danish import service thingy or whatever they are called has valued the package to 47 USD instead of 29.99.

Imma call 'em.

gotcha, did they maybe append the shipping cost as reported by EMS to the value?

Well it seems so.

Price of key: ~180 DKK
Postage paid: 1500 YEN = 115 DKK
== 295 DKK

I called the postal service and they thought it was a bit weird. But I'm going to call the Costums tomorrow from work, and I'll remember to bring all the paperwork.

The woman on the phone thought it was weird that I got charged all this for a thing I got for free.
hero member
Activity: 504
Merit: 500

I don't think it's EMS fault since the Danish import service thingy or whatever they are called has valued the package to 47 USD instead of 29.99.

Imma call 'em.

gotcha, did they maybe append the shipping cost as reported by EMS to the value?
member
Activity: 68
Merit: 10
Sent with EMS.

From the package:
VALUE: 29.99 USD
COUNTRY OF ORIGINS OF THE GOODS: Sweden

From the Danish postal service import reciept:

Value in foreign coin/Total value: 286 DKK
VAT on imports (25%): 71 DKK
Total tax: 71 DKK
Import fee: 128 DKK
VAT on import fee (25%): 32 DKK

Total: 231 DKK

Sad Stupid tax...
Is there math wrong or mine?  29.99 should have equaled 181.4395 DKK
Where did they pull the extra ~105 DKK from?
You reall should ocntact EMS and tell them to fix that.

I don't think it's EMS fault since the Danish import service thingy or whatever they are called has valued the package to 47 USD instead of 29.99.

Imma call 'em.
vip
Activity: 608
Merit: 501
-
Sent with EMS.

From the package:
VALUE: 29.99 USD
COUNTRY OF ORIGINS OF THE GOODS: Sweden

From the Danish postal service import reciept:

Value in foreign coin/Total value: 286 DKK
VAT on imports (25%): 71 DKK
Total tax: 71 DKK
Import fee: 128 DKK
VAT on import fee (25%): 32 DKK

Total: 231 DKK

Sad Stupid tax...

In most countries items below $200 are not charged for VAT.

I think we'll change the declared value as currently we take the item value, but the item we sell also includes shipping fees.

Instead we'll put the actual production price of the Yubikey, which is more likely to fall within tax exemption.
legendary
Activity: 2282
Merit: 1050
Monero Core Team
Which company did they use to send the package?

I have seen UPS mark up  $3.50 worth of GST to $53.50 with a $50 brokerage fee here in Canada. They then were the subject of a class action lawsuit. I raised this issue in this post as it is a serious issue that many companies are not aware of. https://bitcointalksearch.org/topic/m.1080416

The problem here is companies like UPS using the GST and VAT as a pretext to gouge people.
hero member
Activity: 504
Merit: 500
Sent with EMS.

From the package:
VALUE: 29.99 USD
COUNTRY OF ORIGINS OF THE GOODS: Sweden

From the Danish postal service import reciept:

Value in foreign coin/Total value: 286 DKK
VAT on imports (25%): 71 DKK
Total tax: 71 DKK
Import fee: 128 DKK
VAT on import fee (25%): 32 DKK

Total: 231 DKK

Sad Stupid tax...
Is their math wrong or mine?  29.99 should have equalled 181.4395 DKK
Where did they pull the extra ~105 DKK from?
You really should contact EMS and tell them to fix that.
rjk
sr. member
Activity: 448
Merit: 250
1ngldh
Where the heck do you live that they can charge you $40 tax on a $20 item?

I live in Canada, and ordered a small, $3 laptop fan from a company in the states.  Ended up paying about $40 in import fees.

"Free trade" my ass.
Yeah, "NAFTA" is complete bullshit.
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
Where the heck do you live that they can charge you $40 tax on a $20 item?

I live in Canada, and ordered a small, $3 laptop fan from a company in the states.  Ended up paying about $40 in import fees.

"Free trade" my ass.
legendary
Activity: 1615
Merit: 1000
Got to love how they not only charge you an import fee, but also VAT on that fee!
member
Activity: 68
Merit: 10
Sent with EMS.

From the package:
VALUE: 29.99 USD
COUNTRY OF ORIGINS OF THE GOODS: Sweden

From the Danish postal service import reciept:

Value in foreign coin/Total value: 286 DKK
VAT on imports (25%): 71 DKK
Total tax: 71 DKK
Import fee: 128 DKK
VAT on import fee (25%): 32 DKK

Total: 231 DKK

Sad Stupid tax...
legendary
Activity: 1512
Merit: 1036
They should have printed 1GB on it...

I just ran a $10 flash drive through a duty calculator

Total customs value:    Dkr90.75
- Duty:    Dkr0.00
- VAT:    Dkr0.00
Total import duty & taxes due:    Dkr0.00
Total landed cost:    Dkr90.75 at USD/DKK exchange rate of 6.0502

Notes on duty & taxes rates

    Usb Flash Drive is duty free and has a VAT rate of 25% .

Notes on import taxes due

    The duty and VAT results are nil because the total value of the products is less than Dkr80.00
    Please note, any insurance charges need to be declared to ensure accurate duty and VAT results.
    Please note that your shipping provider may add an additional handling fee


Probably the most correct category is "e-signature device". Here is $25 value with $5 shipping:


Calculation results
Edit
Total customs value:    Dkr181.51
- Duty:    Dkr0.00
- VAT:    Dkr45.38
Total import duty & taxes due:    Dkr45.38
Total landed cost:    Dkr226.88 at USD/DKK exchange rate of 6.0502
Calculation notes
Notes on duty & taxes rates

    E-Signature Devices has an import duty rate of 9.3% and VAT rate of 25% .

Notes on import taxes due

    Duty result is nil because the total value of the products does not exceed Dkr1150.00
    Please note, any insurance charges need to be declared to ensure accurate duty and VAT results.
    Please note that your shipping provider may add an additional handling fee

hero member
Activity: 560
Merit: 500
Which company did they use to send the package?
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